Facebook, the world's hottest social network, is acquiring Glancee, a mobile service that helps users realize and connect with folks based mostly on their locations. the company, based mostly in Menlo Park, California, announced the acquisition in an e-mailed statement. It did not disclose terms.
Facebook, that plans to lift the maximum amount as $11.8 billion in an initial public giving, is using acquisitions to fuel growth in services aimed toward mobile users. The corporate said last month that it's buying for Instagram, a mobile photo-sharing service, for regarding $1 billion.